CIS: Copper Spring Market 2020

Copper Spring Market Size in CIS

The revenue of the copper spring market in CIS amounted to $X in 2017, dropping by -X% against the previous year. The copper spring consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, with an increase of X% y-o-y. In that year, the copper spring market attained their peak level of $X. From 2009 to 2017, growth of the copper spring market failed to regain its momentum.

Copper Spring Production in CIS

In 2017, production of copper springs in CIS amounted to X tons, shrinking by -X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2011, when it surged by X% year-to-year. In that year, the copper spring production reached their peak volume of X tons. From 2012 to 2017, growth of the copper spring production failed to regain its momentum.

Copper Spring Exports in CIS

The exports stood at X tons in 2017, growing by X% against the previous year. The copper spring exports continue to indicate an outstanding increase. The pace of growth appeared the most rapid in 2010, with an increase of X% year-to-year. Over the period under review, the copper spring exports reached its maximum volume in 2017, and are likely to see steady growth in the near future.

In value terms, copper spring exports stood at $X in 2017. The copper spring exports continue to indicate an outstanding increase. The level of exports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Copper Spring Exports by Country in CIS

In 2017, Russia (X tons) represented the largest exporter for copper springs, comprising X% of total exports. It was distantly followed by Kazakhstan (X tons), committing X% share of total exports. Belarus (X tons) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to copper spring exports from Russia stood at +X%. At the same time, Kazakhstan (+X%) and Belarus (+X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest growing exporter in CIS, with a CAGR of +X% from 2007-2017. While the share of Belarus (-X%), Kazakhstan (-X%) and Russia (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest copper spring supplier in CIS, making up X% of global exports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of global exports. It was followed by Belarus, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Russia totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Kazakhstan (+X% per year) and Belarus (+X% per year).

Copper Spring Export Prices by Country in CIS

In 2017, the copper spring export price in CIS amounted to $X per kg, falling by -X% against the previous year. The copper spring export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when it surged by X% y-o-y. In that year, the export prices for copper springs reached their peak level of $X per kg. From 2009 to 2017, growth of the export prices for copper springs stood at a somewhat lower level.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Russia ($X per kg) and Belarus ($X per kg), while Kazakhstan ($X per kg) and Belarus ($X per kg) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Belarus (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Copper Spring Imports in CIS

In 2017, approx. X tons of copper springs were imported in CIS; growing by X% against the previous year. The total imports indicated a strong increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the copper spring imports decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2015, when it surged by X% year-to-year. In that year, the copper spring imports reached their peak volume of X tons. From 2016 to 2017, growth of the copper spring imports stood at a somewhat lower level.

In value terms, copper spring imports amounted to $X in 2017. The total imports indicated a significant expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the copper spring imports decreased by -X% against 2013 indices. Over the period under review, the copper spring imports reached its peak figure level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Copper Spring Imports by Country in CIS

Russia represented the main importer of copper springs in CIS, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2017. Kazakhstan (X tons) occupied the second position in the ranking, followed by Belarus (X tons). All these countries together took near X% share of total imports. Azerbaijan (X tons) took the weak share of total imports.

Russia was also the fastest growing in terms of the copper springs imports, with a CAGR of +X% from 2007 to 2017. At the same time, Kazakhstan (+X%) displayed positive paces of growth. By contrast, Azerbaijan (-X%) and Belarus (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Belarus increased by X% percentage points, while Kazakhstan (-X%) and Russia (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported copper springs in CIS, making up X% of global imports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of global imports. It was followed by Belarus, with a X% share.

In Russia, copper spring imports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Kazakhstan (+X% per year) and Belarus (-X% per year).

Copper Spring Import Prices by Country in CIS

The copper spring import price in CIS stood at $X per kg in 2017, remaining constant against the previous year. The copper spring import price continues to indicate a mild curtailment. The growth pace was the most rapid in 2010, when it surged by X% year-to-year. The level of import price peaked of $X per kg in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Kazakhstan ($X per kg), while Azerbaijan ($X per kg) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Belarus (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform